• taanegl@lemmy.world
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    9 months ago

    “When we hit rock bottom, we will bounce back,”

    Any historic precedent for a country applying massive austerity measures during times of poverty, which has then “bounced back”?

    • LEDZeppelin@lemmy.world
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      9 months ago

      Translation: we must kill the poor so that we can be rich.

      No one is talking about how these extreme austerity measures will affect the most vulnerable people

      • STOMPYI@lemmy.world
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        9 months ago

        Children lose very measurable nueral brain growth you don’t get back if malnourished in the beginning. We’re literally making a new class of measurably different human…

    • DragonTypeWyvern@literature.cafe
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      9 months ago

      No. Plenty of evidence of it crashing systems and worsening recessions from the Great Depression though, compared to spending programs like the New Deal.

      That said, there isn’t a Great Depression, at the moment. Selling off public assets to foreign neocolonialists will produce short term benefits…

      For their new oligarchy, since ancaps sure as fuck aren’t reinvesting those funds into public education and infrastructure.

    • Gorgritch_Umie_Killa@aussie.zone
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      9 months ago

      Um, i suppose you could apply the effect of the black plague on middle ages europe.

      Estimated to have killed 1/3 of all people. There was a subsequent rise in wages/worker bargaining power attributed to the lack of labour supply.

      I suppose thats an example of rock bottom and coming back with some benefit.

      I wouldn’t call it ‘bouncing’ back though, more like struggling on with a sliver of silver on those grey clouds. Not an adviseable course for a country to take.

      • STOMPYI@lemmy.world
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        9 months ago

        I see it like sand in a sand timer that’s been tipped. We get little crests and collapses cycles as the whole structure shifts and grows.

        • Gorgritch_Umie_Killa@aussie.zone
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          9 months ago

          Good illustrative example.

          I’m always hesitant to assume growth will always reassert itself in the end though. You know the old saying, ‘past performance is not an indicator of future performance’, type thing. After all extinction is a thing.

          • STOMPYI@lemmy.world
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            9 months ago

            The sand castle analogy is why I think that saying works, past performance doesn’t indicate future, every ‘now’ is a new sand castle, its a bit taller, has more weight on one side from the last shift, its a bit wider… it will fail but and it might look very similar, or it might fail a new way and really take it down.

  • gloss@discuss.tchncs.de
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    9 months ago

    “When we hit rock bottom, we will bounce back,” he said.

    Or maybe you’ll just go splat.

  • STOMPYI@lemmy.world
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    9 months ago

    We should normalize hating anyone of thing with hundreds of millions in wealth. The disparity must be called bs everywhere.

    • JustMy2c@lemm.ee
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      9 months ago

      So the communist leaders of the last twenty years MADE THEIR MONEY IN POLITICS are much more to blame as a SOCCER MILLIONAIRE… Right ? ⚽👍👍👍

      • TigrisMorte@kbin.social
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        9 months ago

        There are no communist leaders. Communism is an economic model not a governmental methodology. The term has been abused. To claim otherwise is to claim North Korea is a Democratic Republic.

        • deafboy@lemmy.world
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          9 months ago

          There is no communism without a dictatorship. Nobody is going to donate everything they make to the collective, if there’s no threat of gulag lingering around.

          • Eldritch@lemmy.world
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            9 months ago

            People do it all the time. Look up social libertarianism and anarcho communism.

            Marxist Leninist are the authoritarian ones. Actual communists dislike ML too. They are at best nominally communist. By virtue of naming their authoritarian party “the Communist party” etc. But they largely reject actual communism.

            • deafboy@lemmy.world
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              9 months ago

              But are there any working examples? I know there were some attempts at creating communes in the US. It usually ended up by people arguing so much that the group dissolved, or a charismatic leader taking over, which lead to a whole bunch of abuse.

              • Facebones@reddthat.com
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                9 months ago

                Plenty of places in the world were doing just fine until the US interfered with endless sanctions and/or backing coups by those that would be more us capitalist friendly.

  • TWeaK@lemm.ee
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    9 months ago

    Argentina is where a surprising amount of zero day exploits are written.

    • GissaMittJobb
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      9 months ago

      Qualified tech workers combined with non-existent earnings prospects make for a perfect recipe for an exploits industry. Those things allegedly pay pretty well if you can find them.

      It’s also a great recipe for brain drain, with aforementioned qualified tech workers moving out of the country.

  • Shardikprime@lemmy.world
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    9 months ago

    Wow, so poverty percentages were 0 before this government?

    No, wait, they had 49% poverty by November 2023.

    And you tell me that after all these changes to reduce spend, it went up by 8%? I would have expected it to reach 90% to be honest.